Homes are one of the biggest investments a person makes in his life. Everyone wants to increase the value of their home because they want to get a high return on their investment. People reported a 20% improvement in home value by loft conversions in East Finchley. Most of us are not sure which improvements will add the most value to our homes. We have compiled a list of six home improvements to help you add the most value to your home and get a high return on your investment.
Apply High-Quality Paint
A fresh coat of paint is one of the best choices among bungalow renovations. According to a market survey, painting your home can increase its value up to 10%. It also increases the aesthetic appeal of the property. More people will shortlist your home because of its excellent looks.
After you have painted the house, everything will look new except the roof cladding. In most cases, you have to replace the roof cladding if you want to increase the value of your home. You can get synthetic claddings that look like high-quality natural materials. After this improvement, no part of your house will look worn out from the outside.
Renovate the Kitchen
The kitchen is one of the most used parts of any house. Furniture and shelves of kitchen get damage over time. According to a market survey, most home buyers look for an excellent kitchen when buying a home. You can renovate the kitchen by replacing the top slabs and cabinet doors. It is possible to renovate the kitchen without breaking your bank account using this technique.
Increase Energy Efficiency
There are two ways to increase the energy efficiency of your home. You can start by installing renewable energy sources. It is also possible to increase energy efficiency by installing efficient devices. If you live in an area with a lot of sunlight exposure, you can use solar panels. In the case of places with continuous wind, it is better to use wind turbines. By installing a renewable energy source and improving the efficiency of appliances, you can boost the value of your home up to 50%. You may have to use more money for this renovation. The return on investment is also excellent in this case.
Remodel the Bathrooms
Most people think that it will take a lot of money to remodel the bathroom because the equipment is expensive. When you are remodeling the bathroom, there is no need to go for complete remodeling. You can replace the floor tiles because these are more worn out. Replacing the old taps if they are getting black is also an excellent investment for your bathroom.
Add a Deck
Most people calculate the value of a home by the area covered. If you cover more square feet, people will perceive the home as high value. Adding a deck is one of the cheapest ways to increase the covered area of your home. When you compare it with adding a new section to your home, the cost is almost negligible. It will also improve the aesthetic appeal of your home.